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Can you plz tell me how to get the answer of this question? (Plz provide the steps if applicable) Question 20 2/2 pts The following
Can you plz tell me how to get the answer of this question? (Plz provide the steps if applicable)
Question 20 2/2 pts The following table summarizes the returns of Asset X and Asset Y in different states of the economy, along with the probability that each state occurs. Use this table for Questions 9 and 10: State Return on Asset X Return on Asset Y Probability 0.3 Good 2% -5% Normal 0.4 2% 7.5% Bad 0.3 2% 15% Suppose your portfolio consists only of X and Y. If you want the expected return of your portfolio to be 5%, how much should you invest in each asset? 10% in asset X and 90% in asset Y rect! 25% in asset X and 75% in asset Y 40% in asset X and 60% in asset Y 75% in asset X and 25% in asset YStep by Step Solution
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